Civic Intelligence

Albert Lea Public Education Foundation Inc.

990 • Fiscal year 2014 • EIN 41-1989284

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 11, 2015

Organization ProfileWWW.EFAL-US.ORG
PO Box 828Albert Lea, MN 56007

(507) 373-0140

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

60th percentile

0.19x

Higher debt load relative to revenue than 60% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

61st percentile

8.5%

Faster revenue growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$1,395,717

Up $222,799 (+19%) from 2013

Net Assets

Up

$1,352,996

Up $207,895 (+18%) from 2013

Liabilities

Up

$42,721

Up $14,904 (+54%) from 2013

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin95th percentile

Revenue

Up

$228,184

Up $17,819 (+8.5%) from 2013

Expenses

Up

$70,300

Up $12,022 (+21%) from 2013

Net Income

Up

$157,884

Up $5,797 (+3.8%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $663,460Liabilities 2011: $0Net Assets 2011: $663,4602011Assets 2012: $870,334Liabilities 2012: $17,091Net Assets 2012: $853,2432012Assets 2013: $1,172,918Liabilities 2013: $27,817Net Assets 2013: $1,145,1012013Assets 2014: $1,395,717Liabilities 2014: $42,721Net Assets 2014: $1,352,9962014Assets 2015: $1,362,386Liabilities 2015: $48,088Net Assets 2015: $1,314,2982015Assets 2016: $1,584,681Liabilities 2016: $49,461Net Assets 2016: $1,535,2202016Assets 2017: $2,093,447Liabilities 2017: $69,503Net Assets 2017: $2,023,9442017Assets 2018: $1,956,462Liabilities 2018: $0Net Assets 2018: $1,956,4622018Assets 2019: $2,583,004Liabilities 2019: $0Net Assets 2019: $2,583,0042019Assets 2020: $2,738,201Liabilities 2020: $0Net Assets 2020: $2,738,2012020Assets 2021: $3,276,907Liabilities 2021: $0Net Assets 2021: $3,276,9072021Assets 2022: $3,007,622Liabilities 2022: $0Net Assets 2022: $3,007,6222022Assets 2023: $3,204,324Liabilities 2023: $0Net Assets 2023: $3,204,3242023Assets 2024: $3,382,951Liabilities 2024: $0Net Assets 2024: $3,382,9512024

Highlighted filing

2014

Assets$1,395,717
Liabilities$42,721
Net Assets$1,352,996
Open 2014 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $38,3752011Expenses 2012: $108,5732012Revenue 2013: $210,365Expenses 2013: $58,278Net Income 2013: $152,0872013Revenue 2014: $228,184Expenses 2014: $70,300Net Income 2014: $157,8842014Revenue 2015: $66,749Expenses 2015: $88,275Net Income 2015: -$21,5262015Revenue 2016: $256,042Expenses 2016: $112,768Net Income 2016: $143,2742016Revenue 2017: $380,094Expenses 2017: $113,141Net Income 2017: $266,9532017Revenue 2018: $169,755Expenses 2018: $134,919Net Income 2018: $34,8362018Revenue 2019: $550,557Expenses 2019: $158,698Net Income 2019: $391,8592019Revenue 2020: $117,277Expenses 2020: $120,128Net Income 2020: -$2,8512020Revenue 2021: $144,509Expenses 2021: $142,303Net Income 2021: $2,2062021Revenue 2022: $192,398Expenses 2022: $173,886Net Income 2022: $18,5122022Revenue 2023: $93,491Expenses 2023: $155,526Net Income 2023: -$62,0352023Revenue 2024: $134,611Expenses 2024: $224,137Net Income 2024: -$89,5262024

Highlighted filing

2014

Revenue$228,184
Expenses$70,300
Net Income$157,884
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 11, 2015
Return Version
2014v5.0
Gross Receipts
$228,184
Mission and Program Overview

Mission

To serve the students of district 241 by identifying educational needs and creating financial support through creating permanent endowments and developing funding for the creation and maintenance of new programs.

The mission of the education foundation of albert lea is to serve the students in district 241 by identifying educational needs and creating financial support through creating permanent endowments, developing funding for the creating and maintenance of new programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,066,322$1,264,528▲ $198,206
Savings and Temporary Cash Investments$86,116$95,805▲ $9,689
Pledges and Grants Receivable$20,480$35,384▲ $14,904
Total Assets$1,172,918$1,395,717▲ $222,799
Liabilities
Grants Payable$27,817$42,721▲ $14,904
Total Liabilities$27,817$42,721▲ $14,904
Net Assets / Fund Balance
Permanently Rstr Net Assets$994,957$1,186,973▲ $192,016
Temporarily Rstr Net Assets$142,536$143,708▲ $1,172
Unrestricted Net Assets$7,608$22,315▲ $14,707
Total Net Assets Fund Balance$1,145,101$1,352,996▲ $207,895
Total Liabilities and Net Assets / Fund Balance$1,172,918$1,395,717▲ $222,799
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Lilah AasPresident
Nancy SkophammerSecretary
Lance SkovTreasurer
Ken PetersenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$210,032
Program Service Revenue
$0
Investment Income
$18,152
Other Revenue
$0
All Other Contributions
$210,032
Change in Net Assets
$157,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$46,416
Other Expenses$23,884
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$46,416--$46,416
Fees for Service Investment Mgmnt Fees$5,390$5,390-$10,780
Office Expenses$1,267--$1,267
Other Expenses$163$347-$163
All Other Expenses-$142-$142
Fees for Services Accounting-$118-$118
Total Functional Expenses$62,550$7,750$0$70,300
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Albert Lea Isd 241Albert Lea, MN-Albert Lea School Di$26,616
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Albert Lea Public Education Foundat
EIN
41-1989284
Phone
5073730140
Address
PO BOX 828, ALBERT LEA, MN 56007

Signing Officer

Name
Lilah Aas
Title
President
Phone
5073730140
Signed
2015-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lilah Aas
Formed
2000
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Hill Larson Walth & Benda Pa
Address
1655 W MAIN ST SKYLINE PLAZA, ALBERT LEA, MN 56007-2657
Preparer
Lance Skov
Phone
5073771333
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of the education foundation of albert lea is to serve the students in district 241 by identifying educational needs and creating financial support through creating permanent endowments, developing funding for the creating and maintenance of new programs.”

Raw XML Appendix303 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE EDUCATION FOUNDATION OF ALBERT LEA IS TO SERVE THE STUDENTS IN DISTRICT 241 BY IDENTIFYING EDUCATIONAL NEEDS AND CREATING FINANCIAL SUPPORT THROUGH CREATING PERMANENT ENDOWMENTS, DEVELOPING FUNDING FOR THE CREATING AND MAINTENANCE OF NEW PROGRAMS.
IRS990/AllOtherContributionsAmt0210032
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0142
IRS990/AllOtherExpensesGrp/TotalAmt0142
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0LANCE SKOV
IRS990/BooksInCareOfDetail/PhoneNum05073730140
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0504 QUISLEY ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBERT LEA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056007
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0210032
IRS990/CYGrantsAndSimilarPaidAmt046416
IRS990/CYInvestmentIncomeAmt018152
IRS990/CYOtherExpensesAmt023884
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0157884
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt070300
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0228184
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ORGANIZATION PROVIDED SEVERAL GRANTS TO THE ALBERT LEA SCHOOL DISTRICT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt062550
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0118
IRS990/FeesForServicesAccountingGrp/TotalAmt0118
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt05390
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt05390
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt010780
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0LILAH AAS
IRS990/Form990PartVIISectionAGrp/PersonNm1NANCY SKOPHAMMER
IRS990/Form990PartVIISectionAGrp/PersonNm2LANCE SKOV
IRS990/Form990PartVIISectionAGrp/PersonNm3KEN PETERSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt046416
IRS990/GrantsPayableGrp/BOYAmt027817
IRS990/GrantsPayableGrp/EOYAmt042721
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt046416
IRS990/GrantsToDomesticOrgsGrp/TotalAmt046416
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0228184
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt018152
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018152
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01066322
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01264528
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE EDUCATION FOUNDATION OF ALBERT LEA IS TO SERVE THE STUDENTS IN DISTRICT 241 BY IDENTIFYING EDUCATIONAL NEEDS AND CREATING FINANCIAL SUPPORT THROUGH CREATING PERMANENT ENDOWMENTS, DEVELOPING FUNDING FOR THE CREATING AND MAINTENANCE OF NEW PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01145101
IRS990/NetAssetsOrFundBalancesEOYAmt01352996
IRS990/NetUnrlzdGainsLossesInvstAmt050011
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt01267
IRS990/OfficeExpensesGrp/TotalAmt01267
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0HALL OF FAME
IRS990/OtherExpensesGrp/Desc1PATHWAYS TO SUCCESS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3CHAMBER MEMBERSHIP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01753
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1347
IRS990/OtherExpensesGrp/ProgramServicesAmt07561
IRS990/OtherExpensesGrp/ProgramServicesAmt11753
IRS990/OtherExpensesGrp/ProgramServicesAmt2163
IRS990/OtherExpensesGrp/TotalAmt07561
IRS990/OtherExpensesGrp/TotalAmt13506
IRS990/OtherExpensesGrp/TotalAmt2347
IRS990/OtherExpensesGrp/TotalAmt3163
IRS990/PartialLiquidationInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0994957
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01186973
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020480
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt035384
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LILAH AAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0195854
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt042047
IRS990/PYInvestmentIncomeAmt014511
IRS990/PYOtherExpensesAmt016231
IRS990/PYRevenuesLessExpensesAmt0152087
IRS990/PYTotalExpensesAmt058278
IRS990/PYTotalRevenueAmt0210365
IRS990/ReconcilationRevenueExpnssAmt0157884
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt086116
IRS990/SavingsAndTempCashInvstGrp/EOYAmt095805
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0210032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0195854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0208362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0180326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt050303
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0844877
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018152
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014511
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08363
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08886
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07852
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt057764
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93600
IRS990ScheduleA/PublicSupportPY170Pct00.93170
IRS990ScheduleA/PublicSupportTotal170Amt0844877
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0210032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0195854
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0208362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0180326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050303
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0844877
IRS990ScheduleA/TotalSupportAmt0902641
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt026616
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ALBERT LEA SCHOOL DI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ALBERT LEA ISD 241
IRS990ScheduleI/RecipientTable/RecipientEIN0416001171
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0211 W RICHWAY DR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ALBERT LEA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd056007
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE EDUCATION FOUNDATION OF ALBERT LEA IS TO SERVE THE STUDENTS IN DISTRICT 241 BY IDENTIFYING EDUCATIONAL NEEDS AND CREATING FINANCIAL SUPPORT THROUGH CREATING PERMANENT ENDOWMENTS, DEVELOPING FUNDING FOR THE CREATING AND MAINTENANCE OF NEW PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0142536
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0143708
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01172918
IRS990/TotalAssetsEOYAmt01395717
IRS990/TotalAssetsGrp/BOYAmt01172918
IRS990/TotalAssetsGrp/EOYAmt01395717
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0210032
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07750
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt062550
IRS990/TotalFunctionalExpensesGrp/TotalAmt070300
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027817
IRS990/TotalLiabilitiesEOYAmt042721
IRS990/TotalLiabilitiesGrp/BOYAmt027817
IRS990/TotalLiabilitiesGrp/EOYAmt042721
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01145101
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01352996
IRS990/TotalProgramServiceExpensesAmt062550
IRS990/TotalRevenueGrp/ExclusionAmt018152
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0228184
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01172918
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01395717
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07608
IRS990/UnrestrictedNetAssetsGrp/EOYAmt022315
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01129 LAKEVIEW BLVD
IRS990/USAddress/CityNm0ALBERT LEA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056007
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.EFAL-US.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LILAH AAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05073730140
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBERT LEA PUBLIC EDUCATION FOUNDAT
ReturnHeader/Filer/BusinessNameControlTxt0ALBE
ReturnHeader/Filer/EIN0411989284
ReturnHeader/Filer/PhoneNum05073730140
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 828
ReturnHeader/Filer/USAddress/CityNm0ALBERT LEA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056007
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411437424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HILL LARSON WALTH & BENDA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01655 W MAIN ST SKYLINE PLAZA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBERT LEA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0560072657
ReturnHeader/PreparerPersonGrp/PhoneNum05073771333
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LANCE SKOV
ReturnHeader/ReturnTs02015-08-11T11:12:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,395,717
Liabilities
$42,721
Net assets
$1,352,996
Revenue
$228,184
Expenses
$70,300
Net income
$157,884
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.00$3.38$0.13$0.22$0.09
2023Summary only. Only limited summary data is available for this year.$3.20$0.00$3.20$0.09$0.16$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.00$3.01$0.19$0.17$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.00$3.28$0.14$0.14$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.00$2.74$0.12$0.12$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.00$2.58$0.55$0.16$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.00$1.96$0.17$0.13$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.09$0.07$2.02$0.38$0.11$0.27
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.05$1.54$0.26$0.11$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.05$1.31$0.07$0.09$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.04$1.35$0.23$0.07$0.16
2013Detailed filing. Detailed filing data is available for this year.$1.17$0.03$1.15$0.21$0.06$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.02$0.85$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$0.04